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AI IN ACCOUNTING
Big Four rethink partnership as AI changes the gameIndia's Big Four accounting firms, Deloitte, PwC, and EY, have surpassed 1,000 partners each, driven by rapid expansion, especially in tech...- India Inc keen to take bite of AI, but RoI and security hold it from sinking teethIndian businesses are eager to embrace AI but face hurdles in scaling projects securely and with clear governance. Leaders at an Economic T...
- Elon Musk says Grok 4.5 is now in private beta, claims performance near or above Anthropic's OpusMusk said reinforcement learning is continuing to improve the model and that "Grok Build," xAI's coding-agent harness, is being refined dai...
- Chris Wood’s big warning: The specific risk that will finally trigger the end of AI tradeJefferies strategist Chris Wood believes the AI boom will end not because of a chip glut, but when investors realise hyperscalers cannot ge...
- European shares slip as tech selloff bites, Zalando slidesEuropean markets retreated from record highs Friday, with tech stocks mirroring global weakness. Zalando shares plunged after a German prob...
- ETtech Deals Digest: Cred’s mega round lifts startup funding to $1.09 billion this week, up 290% on-yearIndian startups secured a significant $1.09 billion in funding across 14 deals, with fintech giant Cred leading the charge with a massive $...
- Financial regulators scramble to counter AI rise with own toolsSwiss financial regulator Marlene Amstad urges banks and watchdogs to rapidly adopt new technology to counter escalating cybersecurity thre...
- Over 78% of firms expect AI agents to handle customer support within 18 months, Adobe findsIndian businesses are racing towards AI-powered customer support, with nearly 78% expecting AI agents to handle interactions soon. However,...
- UK overtakes India in global unicorn rankings as AI-driven valuations surge: HurunIndia has dropped to fourth place globally in unicorn rankings, with the UK now holding third position. While the US and China lead, India'...
- Anthropic says Alibaba illicitly extracted Claude AI model capabilitiesUS AI firm Anthropic has accused Chinese tech giant Alibaba of orchestrating the largest known attempt to steal its artificial intelligence...
- IndiaMART doubles down on AI to curb fake listings, improve buyer interactionIn a bold move, IndiaMART is ramping up its AI-related budget, with plans to double its expenditure biannually. This funding will be direct...
- India’s development ladder after AI: What comes next?India’s future prosperity may increasingly depend on empowering its smaller economic units to become more productive using AI.
- RBI mandates kill switch for AI models at banks, introduces comprehensive model risk frameworkThe Reserve Bank of India is implementing stringent rules for banks and financial entities using Artificial Intelligence. A new draft frame...
- Indian investors lead the world in AI adoption for finance, but still trust humans with the final callIndian wealthy investors are leading the world in using AI for financial research and analysis, with 86% leveraging the technology. While A...
- ‘Thriving digital ecosystem and AI adoption bringing MNCs here’: Databricks cofounderDatabricks is significantly boosting its presence in India, recognising it as a key market for growth and revenue. This expansion is fueled...
- US remains global leader in AI, but China rapidly closing gap with cheaper models: JP MorganThe United States stands at the forefront of AI development, yet China is swiftly closing the gap with cost-efficient AI systems. Chinese c...
- Meta announces new range of smart glasses starting at $299Meta Platforms on Tuesday announced a new range of AI smart glasses in partnership with EssilorLuxottica, starting at $299. Although bu...
- More than 10% AI solutions and machine learning engineer jobs in India waiting to be filled: Randstad Digital reportIndia faces a significant AI talent crunch, with one in ten AI solutions lead and machine learning engineer job postings unfilled. While In...
- UPI, Aadhaar banking drive 61% of MSME transactions; AI adoption rises: ReportA significant majority of retailers now feel more confident using digital platforms for daily operations, leading to increased digital paym...
- AI, AI Sir! Indian execs back in the classroom for a fresh chapterOnline education companies such as Coursera, Eruditus, upGrad and Simplilearn are reporting a sharp rise in enrolments over the past year $...
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